Lucas TVS bets big on diverse portfolio for future growth

Name: Lucas TVS bets big on diverse portfolio for future growth
Uploaded: 2025-02-05T14:50:01+05:30
Description: Tier-1 major anticipates strong single-digit growth rate over the next few years, driven by robust demand for its range of products that are agnostic to ICE and EVs.

Tier-1 major anticipates strong single-digit growth rate over the next few years, driven by robust demand for its range of products that are agnostic to ICE and EVs.

By Mayank Dhingra

05 Feb 2025

3956 Views

Lucas TVS bets big on diverse portfolio for future growth

Tier-1 major Lucas TVS is bullish about strong growth in the coming years. The company is betting big on the growing demand for its products, which comprise a healthy mix of ICE and EV components.

Arvind Balaji, Managing Director, Lucas TVS, says, "ICE will contribute a much bigger portion of our revenues, and we expect a high single-digit growth rate over the next few years. We have developed a strategy to make ourselves as agnostic to market trends as possible."

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